Staging an apartment for sale has always been an important factor in getting the best price for your unit, but in the current market, it has become even more so. Many aspects of a condo or co-op unit are static, and while buyers are looking…
When considering whether to buy or rent a home, the rent-to-price ratio—calculated as median annual rent as a percentage of median home price in a given area—can be a useful metric. In locations with high rent-to-price ratios, it may be bet…
While homelessness rates in the U.S. fell between 2007 and 2019, the problem has started to increase again. According to the U.S. Department of Housing and Urban Development, in 2017, the U.S. began seeing a rise in homelessness year over y…
Despite ongoing struggles across the NYC condominium and cooperative market as a result of both the COVID-19 pandemic and multiple factors depressing those markets even before the pandemic hit, Astoria continues to hold its own. According …
The holidays: a time for upholding long-standing traditions, usually involving festive gatherings of family and friends, communal meals, sacred services, gift exchanges, visitors, and, invariably, crowds—until this year, that is. The coro…
The New York Post reports that someone has jumped on a rare opportunity to live like a Rockefeller—or, at least, domicile like one. Former Vice President Nelson Rockefeller bought a 3,990-square-foot co-op unit on the 15th floor of 812…
A recent report from appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate shows a burgeoning interest in buying co-op apartments on the cheaper end of the Manhattan spectrum (‘cheap’ being a very relative term, of course).…
On a tree-lined block on Lower Manhattan’s west side recently dubbed Hudson Square, a trio of brick walk-ups at 47-49 King Street contains 13 co-op units that rarely come to market. Currently listed is “a particularly rare find,” according …
Even before the arrival of COVID, the co-op and condominium markets in New York City were softening. The pandemic has only served to exacerbate the problem. Now, market forces are flying wild, with unexpected results everywhere you look. A…
As Halloween approaches, buyers and sellers of real estate might do well to keep in mind that residential properties - be they condo, co-op, or single-family house - have a past. What’s more, that past might still be lurking around in close…